Suburb Profile Report for Berala NSW (2141)

Berala House: Median price $942,000, Annual capital growth 7.88%, Number of sales 51, Weekly median advertised rent $450

Berala Unit: Median price $447,000, Annual capital growth 4.69%, Number of sales 29, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Berala, 2141 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.82%.

The five-year average increase in median property values for Berala,2141 has given property investors a potential capital gain of 9.73% across each of those five years.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 7.88%, investors should hope to achieve an overall return of 2.48%

Property value increases in Berala have tracked close to the NSW average of 4.18% over the last 12 months.

The five-year average increase in median property values for Berala,2141 has given property investors a potential capital gain of -0.22% across each of those five years.

Often selling an investment property can take time, and in Berala the average time real estate has been on the market is 82.8571 days.

Renters in Suburb are facing rents around $19240 per annum or $370 every week.

Metrics i HOUSE UNIT
$942,000 $447,000
3.80% 3.95%
10.82% 3.35%
7.88% 4.69%
$450 $370
51 29
2.48% 4.30%
34.4 82.8571428571429

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 8798
Median household income ($/weekly) 1012
Median age of persons 33
Median housing loan repayment ($/monthly) 1755
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1159 13.2
    25-34 years 1421 16.1
    35-44 years 1095 12.4
    45-54 years 1233 14.0
    55-64 years 955 10.9
    Others 2936 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 3370 51.0
    Not Married 3016 45.6
    Defacto Relationship 226 3.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3458 41.7
    Croatia 1131 13.6
    Philippines 202 2.4
    Viet Nam 792 9.6
    Other 1015 12.2
    Others 1691 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1411 17.3
    Christianity 3514 43.0
    Hinduism 316 3.9
    Islam 1473 18.0
    No Religion 1360 16.7
    Others 92 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 293 12.1
    $600-$799 268 11.1
    $800-$999 251 10.4
    $1,000-$1,249 241 10.0
    $1,500-$1,999 282 11.7
    Others 1079 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2858 43.3
    Employed, worked full-time 2172 32.9
    Employed, worked part-time 981 14.9
    Unemployed, looking for work 368 5.6
    Employed, away from work 226 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 605 17.9
    Technicians & trades workers 563 16.7
    Clerical & administrative workers 515 15.3
    Machinery operators & drivers 322 9.5
    Labourers 514 15.2
    Others 856 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 131 5.6
    Infants/Primary 671 28.9
    Secondary 640 27.6
    Technical or Further Educational Institution 281 12.1
    University or other Tertiary Institutions 467 20.1
    Others 131 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5134 61.0
    Flat, unit or apartment 1902 22.6
    Semi-detached, row or terrace house, townhouse 1378 16.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 984 37.5
    Fully owned 914 34.8
    Being purchased 715 27.2
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
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